XRP Ledger proposal would let sponsors open zero-XRP accounts for users

The sponsor would cover the 1 XRP base reserve while the user keeps control of the account’s keys. A proposal filed on Oct. 15 would let XRP Ledger accounts be created with a zero XRP balance while a sponsor covers the required reserve, TokenPost reported . The SponsoredAccountCreate transaction would also set up a sponsorship object for the new account. Every XRP Ledger account must hold a base reserve of 1 XRP, plus 0.2 XRP per owned item. Under the proposal, that obligation stays with the sponsor, and the account owner keeps control of the keys.